Senior Housing Investors Expect Flat Cap Rates Over Next Year

More than half of senior housing investors, developers and brokers expect cap rates will remain flat over the next year compared to those who expect them to increase, according to a CBRE First Half 2014 Cap Rate Survey.   Surveying influential investors, developers and brokers in the senior housing space throughout the U.S., CBRE’s main […]

CBRE, Greystone Top Age-Restricted Senior Housing Lender Ranking for 2013

As the number of seniors housing finance players continued to expand over the course of 2013, and more liquidity came into the market, several lenders posted big originations numbers both in terms of origination counts and dollar volume of lending facilitated. Topping the list for last year’s originations for senior housing specified as age restricted […]

American Realty Capital REIT Snaps Up More Senior Living in $105M Buy

American Realty Capital REIT has purchased two senior living properties from MBK Senior Living for a total of $104.5 million, the companies announced last week. The properties are both located in California and have occupancy rates of greater than 98%, with the transaction serving both companies with a “win,” according to CBRE’s Senior Living team, […]

Senior Housing Finance Activity: CBRE, Beech Street, Ziegler

Ziegler Closes $44M Financing for Greencroft CCRC Ziegler recently announced the successful closing of the $43,975,000 fixed-rate Series 2013A Bond issue for Greencroft Obligated Group. At the time of issuance, the Greencroft Obligated Group consists of Greencroft Goshen, Hamilton Grove and Southfield Village. Each of the Obligated Group members is a 501(c)(3) corporation and each owns and operates […]

Senior Housing REITs Using RIDEA to Drive Long-Term Growth

The use of RIDEA structures in REIT acquisitions is becoming more commonplace in the senior housing sector as a model that helps drive long-term growth, and analysts say the days of healthcare REITs enjoying healthy margins are far from over.  “We see the RIDEA structure as a way for the REITs to remain competitive within […]

REITs Casting Wider Nets as ‘Class A’ Senior Housing Assets Get Scarce

After snapping up several large ‘Class A’ senior living portfolios between 2011 and the present, real estate investment trusts (REITs), hungry to keep their margins healthy, are casting wider nets that may include off-market deals, other asset types, and new development. “The biggest challenge the REITs are currently facing is a shortage of quality properties […]